Social Politics

The average revenue of each cooperative in Quang Nam reaches over 3 billion VND/year.

QTI 21/10/2024 15:08

(QNP) - On the afternoon of October 17, the working delegation of the National Steering Committee on Collective Economy led by Mr. Vu Manh Hung - Deputy Director of the Department of Cooperative Economy (Ministry of Planning and Investment) had a working session with the People's Committee of Quang Nam province on the development of collective economy and cooperatives.

Vice Chairman of the Provincial People's Committee Ho Quang Buu - Head of the Provincial Steering Committee for Collective Economic Development, along with leaders of departments and branches, received and worked with the delegation.

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Overview of the working session on the afternoon of October 17.

Reporting at the meeting, Deputy Director of the Department of Planning and Investment Doan Ngoc Quang said that Quang Nam currently has 613 cooperatives operating with more than 229,000 members, including 3,145 regular workers and 2,890 workers who are cooperative members.

The average revenue of each cooperative is over 3 billion VND/year, profit is about 608 million VND/year; the average income of members and workers is about 67 million VND/person/year. In addition, there are 2 cooperative unions; there are 2,880 cooperative groups in operation with 12,001 members who are regular workers.

In addition to the achieved results, cooperatives are still confused in accessing policies; human resources have not met the requirements of the tasks; the central government's support budget is allocated slowly; some policies do not have their own funding sources for implementation, mainly funding integrated into programs and projects, so they have not met the support needs of cooperatives.

Speaking at the meeting, Mr. Vu Manh Hung, Deputy Director of the Department of Cooperative Economy, highly appreciated the results that Quang Nam province has achieved in promoting the development of collective economy and cooperatives, especially in terms of the number of cooperatives, revenue, and average profit of each cooperative, which are among the highest in the country.

The Deputy Director of the Department of Cooperative Economy suggested that in the coming time, Quang Nam province should continue to promote propaganda work on collective economic development and cooperatives; focusing on integrating capital sources from the central and local levels to support and develop cooperatives.

In addition, it is important to focus on understanding and listening to the practical needs and difficulties of cooperatives to find solutions; promote the role and sense of responsibility of steering committees at all levels; research and transfer technology to build and replicate cooperative models according to current trends...

Regarding the province's recommendations, the working group has recorded, synthesized and reported to the Government, ministries and branches for consideration and resolution.

Speaking at the meeting, Vice Chairman of the Provincial People's Committee Ho Quang Buu requested departments and branches to absorb the opinions and recommendations of the working group. At the same time, he emphasized that the locality pays special attention to the development of collective economy and cooperatives, as shown by the fact that cooperatives are increasingly developing, many new models are being built, and the lives of cooperative members are increasingly improving...

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The average revenue of each cooperative in Quang Nam reaches over 3 billion VND/year.
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